Digital Lending

    • APR/EMI

    • Term Loan

    • Buy Now Pay Later

    • Line of Credit

Loan Details 

Loan Details

Consumer Loan (Term Loan): Unsecured term loans (no collateral required), for financing various needs, for salaried as well as self-employed customers. With rate of interest starting from 0% (for subvention programs) up to 36% per annum, term loans available for loan tenure up to 60 months. Customers can avail loans starting from ₹5,000 up to ₹30 Lakhs.

Consumer Loan (Line of Credit): An unsecured financing option that can be availed to meet personal requirements. An approved credit limit is provided to the borrower for a loan tenure up to 48 months. The borrower can withdraw the amount multiple times, up to a total outstanding equal to the sanctioned credit limit. Unlike term loans, borrower has the option to utilise the entire sanction amount in a single go or in multiple transactions. The interest is only charged on the loan amount outstanding with the borrower, with rate of interest between 11.99% to 36% per annum. Financing options start from ₹1,000 up to ₹30 Lakhs.

Consumer Loan (BNPL): Short term financing option for consumers to make instant purchases, without having to pay immediately. Customers can pay back the lender as lump sum or in periodic instalments. With credit limit valid for up to 36 months, customers can avail the financing option for amounts starting ₹250 up to ₹30 Lakhs. Rate of interest for BNPL products start from 0% (subvention programs) up to 36% per annum.

Business Loan (Term Loan): Financing options for Medium, Small, and Micro Enterprises (MSME) with unsecured term loans up to ₹75 lakhs (starting from ₹50,000). Customers can start, grow and expand their businesses, with loans from 12 to 60 months in loan tenure. Rate of interest starting from 11.99% to 36% per annum.

Business Loan (Line of Credit): Business owners can avail credit lines to get quick and easy financing. With a Line of credit facility, borrowers can get a Sanction limit starting ₹1 Lakh up to ₹75 Lakhs, having a validity of 36 months. Borrowers can withdraw funds, up to the sanctioned limit, through one or more transactions. Moreover, interest would only be charged on the amount outstanding with the borrower.

Business Loan (BNPL): Businesses can purchase their stock/inventory with external financing through Buy Now Pay Later (BNPL) option. Without having to pay upfront for the purchases, businesses can repay as lump sum amount or through scheduled instalments. Sanctioned credit limit can be availed for a tenure up to 36 months, with the loan tenure up to 48 months. Borrowers can get BNPL loans for amounts up to ₹30 Lakhs, with rate of interest ranging from 0% (Subvention programs) to 36% per annum.

Business Loan (Merchant Cash Advance): Merchant Cash Advance (MCA) is an unsecured loan facility, catering to small businesses owners who require financing to meet their business needs. Smaller than a typical Business term loan, the MCA facility provides financing with loan ticket size starting from ₹1,000. Merchant Cash Advance loan is sanctioned to borrowers, basis details of their transactions or sales volumes.

Business Loan (Supply Chain Finance): Vendors and Suppliers can utilize Supply Chain Finance (SCF) loans to manage their cash flows better. With loans from ₹1 Lakh up to ₹10 Crore, borrowers can reduce the waiting time on receivables, and utilize their funds towards growing their business. The sanctioned limit for Supply chain finance loans can be used within 36 months of loan sanction.

Note: The Loan products listed here are exclusively offered through the Digital Partners of Fullerton India Credit Co. Ltd.

Nature of Product

Tenure

Loan Amount

Rate of Interest (p.a.)

Repayment

#Pre-payment / Foreclosure

Consumer Loan (Term Loan)

3 - 60 months

₹5,000 - ₹30 Lakhs

Subvention: 0% onwards
Non-subvention: 11.99% onwards
Up to 36%

Monthly

Allowed

Consumer Loan (Line of Credit)

Limit validity: up to 36 months Loan tenure: up to 48 months

₹1,000 - ₹30 Lakhs

11.99% - 36%

Monthly

Allowed

Consumer Loan (BNPL)

Limit validity: up to 36 months Loan tenure: up to 48 months

₹250- ₹30 Lakhs

Subvention: 0% onwards
Non-subvention: 11.99% onwards
Up to 36%

Bullet*

Allowed

Business Loan (Term Loan)

12 - 60 months

₹50,000 - ₹75 Lakhs

11.99% - 36%

Monthly

Allowed

Business Loan (Line of Credit)

Limit validity: up to 36 months Loan tenure: up to 48 months

₹1 Lakh - ₹75 Lakhs

11.99% - 36%

Monthly

Allowed

Business Loan (BNPL)

Limit validity: up to 36 months Loan tenure: up to 48 months

₹25,000 - ₹30 Lakhs

Subvention: 0% onwards
Non-subvention: 11.99% onwards
Up to 36%

Monthly

Allowed

Business Loan (Merchant Cash Advance)

Up to 60 months

₹1,000 - ₹10 Lakhs

11.99% - 36%

EDI (Equated Daily Instalments)

Allowed

Business Loan (Supply Chain Finance)

Limit validity: up to 36 months Loan tenure: up to 48 months

₹1 Lakh - ₹50 Lakhs (for self-employed)/ ₹10 Crores (for entities)

11.99% - 36%

Bullet* / Monthly

Allowed

* The entire Principal amount is to be repaid by the Borrower as a lump sum payment, at the end of the loan tenure.

#Part Pre-payment/Foreclosure charges (The below charges are indicative. Detailed break-up of charges will be a part of the Loan agreement):

(a) No part prepayment of the Loan shall be allowed.

(b) In case of prepayment of entire Loan with interest amounts outstanding, following will be the prepayment charges:

  • 0 to 6 EMI(s) fully paid
  • 7 to 17 EMI(s) fully paid: 7% of the Principal Loan amount outstanding on the date of prepayment;
  • 18 to 23 EMI(s) fully paid 5% of the Principal Loan amount outstanding on the date of prepayment;
  • 24 to 35 EMI(s) fully paid 3% of the Principal Loan amount outstanding on the date of prepayment;

(c) No prepayment charges shall be applicable in case of prepayment is after 36 or more EMIs fully paid

Note: No foreclosure charges/ pre-payment penalties will be applicable on any floating rate term loan sanctioned for purposes other than business to individual borrowers.

Lender Details 

Partner details 

Partner Details

To view the list of Fullerton India’s Lending service providers (LSPs), Digital Lending Apps (DLAs), and Digital Lending Apps of Lending Service Providers, click here

To view the list of Fullerton’s active Collection vendors, click here

Nodal Grievance Redressal officer 

Nodal Grievance Redressal officer

FICCL Nodal Grievance Redressal Officer

Name & Designation : Maithreyi Srikanth, Nodal Grievance Redressal Officer

Address : 3rd Floor, No - 165 Megh Towers, PH Road Maduravoyal, Chennai - 600 095

Contact : 022-42241220

Email ID : [email protected]

Partner Name

Name & Designation

Address

Contact Details

Email ID

Byju's

Aayush Parasrampuria customer Grievance Redressal Officer

3rd Floor, Magnolia, Kalyani Tech Park, Opposite to Brookfield Hospital, EPIP Zone, Brookefield, Bengaluru, Karnataka 560037

9513607558

[email protected]

CredAble

Gaurav Dugar, Nodal Grievance Redressal Officer

Choksi Villa, 63, R. A. Kidwai Road, Matunga East, Mumbai - 400019

-

[email protected]

Eduvanz

Harshvardhan Khangarot Grievance Redressal Officer

B/202, Times Square Building, Opp. Mittal Industrial Estate, Andheri Kurla Road, Andheri East, Mumbai - 400 059

022-41791756

[email protected]

ePayLater

Pranesh Acharya Grievance Redressal Officer

ePayLater, 91Springboard, 74 Technopark, 74/II, “C” Cross Road, MIDC Central Rd, opp. Gate No 2, Seepz, Andheri East, Mumbai, Maharashtra 400093

8100050505

[email protected]

Flexiloan

Manish Lunia Director

7th Floor, South Annexe, Tower 2, One World Centre, 841, Senapati Bapat Marg, Elphinstone, Saidham Nagar, lower Parel, Mumbai-400013

022-62603800 

[email protected]

Mobikwik

Prashant Gandhi Grievance Redressal Officer

One MobiKwik Systems Limited Unit No. 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India

080-69808686

[email protected]

MoneyTap

Anjali Panwar Grievance Redressal Officer

G-405, 4th Floor – Gamma Block, Sigma Soft Tech Park Varthur, Kodi Whitefield Post, Bangalore – 560066

080-40974095

[email protected]

Moneyview

Venkatraman Narayan Grievance Redressal Officer

Moneyview, 2nd Floor, The Address, Kadubeesanahalli, Bangalore, 560087

080-45692002

[email protected]

Paytm

Aditya Ranade , Nodal Grievance Redressal Officer

Skymark One,Shop No.1, Ground Floor, Tower-D,Plot No. H-10B, Sector 98, Noida, UP-201301

0120-5083345

[email protected]

Customer Service Details 

Customer Service Details

FICCL Customer Service:

Contact: 1800 103 6001 (Mon-Sat 9:00 AM to 7:00 PM, except public holidays & 4th Saturday of the month)

Email: [email protected]

Partner Name

Customer Service (Mobile/Landline)

Customer Service (Email)

Byju's

9241333666

[email protected]

CredAble

9372783043

[email protected]

Eduvanz

022 4973 3624 / 022 4973 3674 (From 9 AM- 7PM daily, except on Sunday and public holidays)

[email protected]

ePayLater

8100050505

[email protected]

CredAble

9372783043

[email protected]

Flexiloan

07948061722 (10 AM to 7 PM)

[email protected]

Mobikwik

080 69808686 (Mon - Sat 9 AM to 8 PM )

[email protected]

Moneyview

080 4569 2002

Loan queries: [email protected] Loan payment queries: [email protected]

Paytm

0120-5083345

[email protected]

Sachet Portal Links 

Privacy Policies 

APR Calculator

APR Calculator

Annual Percentage Rate (APR) is the all-inclusive annualized rate applicable to the borrower for their digital loan. The rate includes charges such as cost of funds, credit and verification costs, operating cost, maintenance charges, processing fees, etc. It excludes any contingent charges applicable to the loan as late payment fees, penal charges, loan cancellation fees, etc.

Term Loan Calculator

Term Loan Calculator

Buy Now Pay Later Calculator

Buy Now Pay Later Calculator

Line of Credit Calculator

Line of Credit (Bullet repayment*)

APR Calculator

Annual Percentage Rate (APR) is the all-inclusive annualized rate applicable to the borrower for their digital loan. The rate includes charges such as cost of funds, credit and verification costs, operating cost, maintenance charges, processing fees, etc. It excludes any contingent charges applicable to the loan as late payment fees, penal charges, loan cancellation fees, etc.

`
250
1,00,000
10,00,00,000
Months
3 Months
36 Months
60 Months
%
0%
11.99%
36%

Enter the amount you had to pay towards processing fees, insurance, etc. while taking the loan

Your Calculated EMI*

 

Net Disbursed Amount

0

APR

Disclaimer This calculator is for your information & knowledge only, and must not be construed as professional advice or guarantee of a loan. Actual terms of the loan will depend on the agreement between the borrower and Fullerton India.

Term Loan Calculator

`
5,000
20,000
75,00,000
Months
3 Months
24 Months
60 Months
%
0%
15%
36%

Your Calculated EMI*

 0

Detailed Repayment Schedule (Illustrative)

Installment No.Outstanding Principal (₹)Principal (₹)Interest (₹)Installment (₹)

Disclaimer The above calculator and table is for illustrative purposes only and provides an approximate calculation of EMI and repayment schedule. The actual terms of the loan may vary as per the Loan agreement between the borrower and FICCL.

Buy Now Pay Later Calculator

`
250
20,000
60,000
%
0%
11.99%
36%
Days

Billing Date  

Date of Repayment  

Amount disbursed  20000

Interest to be charged  

Amount to be Repaid (at the end of Tenure)

 

Disclaimer The above calculator and table is for illustrative purposes only and provides an approximate calculation of amount due and repayment schedule. The actual terms of the loan and any charges/fee, may vary as per the Loan agreement between the borrower and FICCL.

Line of Credit (Bullet repayment*)

`
1,000
20,000
5,00,000
%
0%
11.99%
36%
Days
15 Days
30 Days
90 Days

Date of Maturity  

Amount disbursed  20000

Interest to be charged  

Amount to be Repaid (at the end of Tenure)

 

* The entire Principal amount is to be repaid by the Borrower as a lump sum payment at the end of the loan tenure

Disclaimer The above calculator and table is for illustrative purposes only and provides an approximate calculation of amount due and repayment schedule. The actual terms of the loan and any charges/fee, may vary as per the Loan agreement between the borrower and FICCL.